Saccade’s eyes on £1.4m

Aberdeen life sciences spin-out Saccade Diagnostics secures £1.4m award from Department of Health and Wellcome Trust.

Empire builds with $15m

Buffalo spin-out Empire Genomics looks to raise $15m for cancer diagnostics.

WiTricity electrifies team

MIT wireless energy transfer firm WiTricity announce two hires to senior leadership team.

Teva implants $35m in Microchips Biotech

The cash is being provided in the form of equity and an access fee as the two companies form a partnership agreement to improve drug delivery systems.

Utah spin-out ProMD acquired by SilverVue for unspecified sum

ProMD, a spin-out of Utah University developing a platform for post-hospital aftercare, has been acquired by telehealth technology firm SilverVue.

Rithmio points to $3m

Gesture recognition firm Rithmio, a spin-out of University of Illinois at Urbana-Champaign, raises $3m seed round.

908 gets extra in C round

908 Devices, backed by Arch and Tokyo University, increases C round to $13m.

CIT is Zero’s hero

Virginia’s TypeZero secures seed via Centre for Innovative Technology.

Celgene sees billion dollar potential at Juno

Biotech giant Celgene invests $1bn into immunotherapy leader Juno Therapeutics.

Sunamp renews investor interest in series B

Renewable energy firm Sunamp attracts Old College Capital and others in $2m series B.

Kepler eyes tidal energy in the Severn

Oxford spin-out Kepler Energy reveals plans for £143m tidal fence in Severn Estuary.

Cass keeps it in the family

Travel media startup Family Traveller secures £750,000 in round backed by Cass Entrepreneurship Fund.

Innovations quickens the pace on licensing

Imperial Innovations marks its first deal through its online licensing portal Quicktech.

Parkwalk regenerates Orthox

Oxford life sciences spin-out Orthox secures round from Isis Fund and Parkwalk.

Imperial moves £3m to Abingdon

Abingdon Health secures £3m ($4.7m) in venture round backed by existing investor Imperial Innovations.

KAUST’s seeds grow into innovation

KAUST upgrades its seed fund to innovation fund looking to invest up to $2m in early-stage KAUST firms.

Patents’ minimal impact on innovation

Stanford study fails to find strong link between patent licensing and innovation.

Novo exits Spinifex in $200m Novartis acquisition

Queensland’s Spinifex sells to Novartis for $200m.

MIT spin-out squeezes in $5m

MIT spin-out SQZ Biotech raises $5m in series A to develop cell squeezing technology.

Golden shares and anti-dilution provisions

Leaders from two of the UK’s biggest TTOs, Isis and Imperial, discuss the university “golden share” in spin-out companies.